Having Applied for and Got Two Bounce Back Loans Worth £80,000 in Total for His One Single Business and Leaving Both Unpaid at Liquidation, a 10-Year Ban for a Company Director is Handed Out
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Corruption Commissioner
HMRC, Cabinet Office and the Department of Business and Trade Have Now Flagged Bounce Back Loan Recipients Whose Actual Turnover Didn’t Match Their BBL Application and/or LTD Companies Who Were Not Registered for VAT But Declared a BBL Turnover Figure That Required VAT Registration